Vantone Real Estate announced on the evening of July 29 that it intends to acquire a total of 78.28% of Xingheng Power in cash, with a total transaction price of about 3.17 billion yuan. Among them, Qiyuan Nachuan sold its 64.897% stake in the target company, Suzhou Shengmai sold its 6.720% stake in the target company, and Chen Zhijiang sold its 6.667% stake in the target company. According to the information on the official website of Phylion, the company was established in December 2003 with a registered capit